In Brief: 23 Billion-Dollar U.S. Disasters and Counting in 2023

According to the National Oceanographic and Atmospheric Administration, the U.S. has sustained 371 weather and climate disasters since 1980 where overall damages/costs reached or exceeded $1 billion (including CPI adjustment to 2023). The total cost of these 371 events exceeds $2.615 trillion.

As of mid-September, there have been 23 confirmed weather/climate disaster events with losses exceeding $1 billion each to affect United States. These events included 2 flooding events, 18 severe storm events, 1 tropical cyclone event, 1 wildfire event, and 1 winter storm event. Overall, these events resulted in the deaths of 253 people and had significant economic effects on the areas impacted. The 1980–2022 annual average is 8.1 events (CPI-adjusted); the annual average for the most recent 5 years (2018–2022) is 18.0 events (CPI-adjusted).

That doesn’t include Tropical Storm Hilary which hit the West Coast in August bringing record-breaking rainfall and flooding across parts of the Southwest.